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Showing 1 - 10 of 525 results for "ABA"

Abacus managing director confirms upcoming retirement

MATTHEW WAI  |  WEDNESDAY, 14 OCT 2026
The managing director of Abacus Group (ASX: ABG) will be stepping down after an eight-year tenure. Steven Sewell has announced the intent to retire from his current role but will continue to lead the company to 9 July 2027, or an earlier date, in accordance ...

UniSuper says Firmus float was 'priced to perfection'

RIDDHIMA TALWANI  |  FRIDAY, 9 OCT 2026
UniSuper chief investment officer John Pearce said the $175 billion super fund decided to not take part in the Firmus float, describing the neo-cloud company as "priced to perfection", before the initial public offering (IPO) was abandoned today. Firmus ...

MSC Group awarded mandates for natural resources strategy

MATTHEW WAI  |  MONDAY, 7 SEP 2026
MSC Group will provide administration capability and trusteeship for a natural resources strategy focusing on the energy sector and select commodities. MSC Trustees will provide trusteeship, while MSC Abacus will provide fund administration and registry ...

Pacific Current eyes return to active management

RIDDHIMA TALWANI  |  THURSDAY, 27 AUG 2026
Pacific Current is mulling a return to active management, two years after it stepped back from active investing and externalised management of its portfolio. The move follows a year of asset sales that left the firm debt-free and holding $158 million ...

RBA on hold but keeps door open for more hikes

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2026
The Reserve Bank of Australia (RBA) determined to keep interest rates on hold at 4.35% at the August meeting but left the door open to further hikes down the road. The central bank felt the economy has been broadly evolving as it expected, with three ...

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
Garry Crole is exiting Sequoia Financial Group as chief executive effective immediately as the fallout from the Shield and First Guardian master funds and legal action against subsidiary InterPrac Financial Planning rolls on. Crole said his decision ...

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams. Last year, Insignia Financial struck a deal with SS&C to outsource about 1300 staff who worked in its master trust business ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
The Compensation Scheme of Last Resort (CSLR) has increased the estimated FY27 levy to be paid by the financial services sector to $198.1 million, a $60.7 million increase from its initial estimate announced in November 2025. The latest update expects ...

Industry welcomes government's productivity push

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
The Actuaries Institute and the Australian Banking Association (ABA) have welcomed the measures taken by the government to tackle structural productivity concerns in the Australian economy. The ABA said the Federal Budget has laid the groundwork to ...

Alter Domus to acquire MSC Group

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
Global administrator Alter Domus will take over MSC Group as it expands its footprint in Asia Pacific. The acquisition of MSC Group will allow Alter Domus to add trustee, custody and debt capital markets services to its administration offering in Australia ...
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